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3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Ernst Russ AG's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -42.53%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Ernst Russ AG's 3-Year ROIIC % or its related term are showing as below:
FRA:ERAG's 3-Year ROIIC % is ranked worse than 85.74% of 940
companies
in the Transportation industry
Industry Median: 1.96
vs FRA:ERAG: -42.53
Ernst Russ AG (FRA:ERAG) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Ernst Russ AG 3-Year ROIIC % Related Terms
Ernst Russ AG 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Ernst Russ AG's 3-Year ROIIC % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ernst Russ AG 3-Year ROIIC % Competitor Comparison
For the Marine Shipping subindustry, Ernst Russ AG's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ernst Russ AG 3-Year ROIIC % vs Transportation Industry
For the Transportation industry and Industrials sector, Ernst Russ AG's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Ernst Russ AG's 3-Year ROIIC % falls into.
Ernst Russ AG's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 51.102 (Dec. 2025) - 62.372868 (Dec. 2022) )
/
( 270.979 (Dec. 2025) - 244.48 (Dec. 2022) )
=
-11.270868
/
26.499
=
-42.53%***
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Ernst Russ AG (FRA:ERAG) has a 3-Year ROIIC % of -42.53 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Ernst Russ AG and its competitors. According to the industry distribution chart, Ernst Russ AG ranks #806 out of 940 companies in the Transportation industry, placing it in the top 85.7%.
Is Ernst Russ AG's 3-Year ROIIC % too high?
Ernst Russ AG's current 3-Year ROIIC % is -42.53. Based on the distribution chart, Ernst Russ AG ranks #806 out of 940 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Ernst Russ AG has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ernst Russ AG's 3-Year ROIIC % compare to competitors?
According to the Transportation industry distribution chart, Ernst Russ AG ranks #806 out of 940 companies for 3-Year ROIIC %. This places Ernst Russ AG in the lower half of its industry. The industry median 3-Year ROIIC % is 1.96. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Transportation company?
The median 3-Year ROIIC % among Transportation companies is 1.96, based on 940 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Ernst Russ AG and its competitors. For the Transportation industry, the median 3-Year ROIIC % is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ernst Russ AG's current 3-Year ROIIC % is -42.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ernst Russ AG stock overvalued right now?
Based on GuruFocus' analysis, Ernst Russ AG (FRA:ERAG) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.91, compared to a current price of €7.50 — trading 52.7% above its estimated fair value. The current 3-Year ROIIC % is -42.53. Ernst Russ AG's overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Ernst Russ AG (FRA:ERAG), the current 3-Year ROIIC % is -42.53 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ernst Russ AG (FRA:ERAG) Overvalued in 2026?
Based on GuruFocus' analysis, Ernst Russ AG stock appears to be overvalued.
The current stock price of €7.50 is trading 52.7% above its estimated GF Value™ of €4.91.
GuruFocus considers Ernst Russ AG to be Significantly Overvalued.
Key valuation signals for FRA:ERAG:
3-Year ROIIC %: -42.53
GF Value™: €4.91 vs. price of €7.50 (52.7% above fair value)
No single metric tells the full story. See the FRA:ERAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ernst Russ AG is a principal investment firm specializing in fund-of-fund investments. It operates in the Shipping and Alternative Investment segment. Within the Shipping segment, it focuses on structuring and asset management of investment vehicles for ships on its behalf and behalf of third parties. The Asset Classes, life insurance, secondary market, and aircraft are managed in the Alternative Investments segment. The firm's majority of revenue comes from Germany through the shipping segment.
82GF Score
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